Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Fun Time mandatura custom-designed playground equipment for schools and cly parts. Fun Time expected to incur 664,000 of manufacturing overhead coat. 41.580 of direct about

image text in transcribed
image text in transcribed
Fun Time mandatura custom-designed playground equipment for schools and cly parts. Fun Time expected to incur 664,000 of manufacturing overhead coat. 41.580 of direct about hous, and 59:13,000 of direct labour cost during the year the cost of director is $22 per hour. The company locales manufacturing overhead on the basis of direct labour hours. During September. Fun Time completed Job 307. The job used 15 direct labeur hours and required 515,100 of direct materials. The City of Odaile has contracted to purchase the playground equipment completed in job 307 at price of 24% over mandatering cost Requirements 1. Calculate the manufacturing cost of 300 301 2. How much it the Cly of Ogden pay for playground equipment? Requirements. Call na marutacturing cost of Job 307 Mound your answer to the nearest wholomber vodenasty the forms and then calle regretterned overnando Promined vaade Calcune e manufacturing.com of SOT To Requirement. w much with City of pay for this playground Round your new to the nearest when Toalha Fun Time manufactures custom-designed playground equipment for schools and city parks. Fun Time expected to incur $664,000 of manufacturing overhead cost, 41,500 of direct labour hours, and $913,000 of direct labour cost during the year (the cost of direct labour is $22 per hour). The company allocates manufacturing overhead on the basis of direct labour hours. During September, Fun Time completed Job 307. The job used 185 direct labour hours and required $15,100 of direct materials. The City of Ogdenville has contracted to purchase the playground equipment completed in job 307 at a price of 24% over manufacturing cost. Requirements 1. Calculate the manufacturing cost of Job 307. 2. How much will the City of Ogdenville pay for this playground equipment? Requirement 1. Calculate the manufacturing cost of Job 307. (Round your answer to the nearest whole number.) First identify the formula, and then calculate the predetermined overhead rate. Predetermined = overhead rate per hour Calculate the manufacturing cost of Job 307. Choose from any list or enter any number in the input fields and then continue to the next unntinn

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operational Auditing A Complete Guide

Authors: Gerardus Blokdyk

2019 Edition

0655515879, 978-0655515876

More Books

Students also viewed these Accounting questions

Question

Find each sum or difference. -16-(-3)

Answered: 1 week ago

Question

Explain what significant and material errors?

Answered: 1 week ago